$XPL Technical Analysis – Short-Term Outlook

Current Price: ~$0.75 (↓ 13.4% in the past 24 hours)

After a sharp retracement from recent highs, XPL is currently consolidating near the $0.72–$0.74 support zone, where several 1-hour candles have shown lower wicks — indicating early signs of buying interest and potential short-term stabilization.

📊 Trade Setup

Entry Zone: $0.72 – $0.76

Target 1: $0.85 🎯

Target 2: $1.05 🎯

Target 3: $1.50 🎯

Stop Loss: Below $0.70

📈 Technical Outlook

If XPL breaks above its recent swing high / resistance area with strong volume confirmation, the current consolidation could shift into a momentum breakout, paving the way for a sustained move toward the higher targets.

However, failure to hold above $0.70 would invalidate this setup and suggest further downside continuation toward previous support levels.

🧭 Summary

Bias: Cautiously Bullish

Structure: Early Base Formation

Key Trigger: Breakout above resistance with volume

Risk Management: Tight stop to protect capital below $0.70